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CBA the most expensive bank in the world: Argo boss

Simon Evans
Simon EvansSenior reporter

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Key Points

  • Revenue ($m): 188 vs year-earlier 225.2
  • Pre-tax profit ($m): 179.7 vs year-earlier 216
  • Net profit ($m): 173.9 vs year-earlier 199.5
  • Final dividend: 14¢, payable September 17

Argo Investments, which has $6.6 billion invested across dozens of listed companies, expects a wild ride for sharemarket investors until the end of calendar 2021 with the ASX at record highs and COVID-19 disruptions stretching into more parts of the economy over the next few months.

Argo Investments managing director Jason Beddow. 

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    Original URL: https://www.afr.com/companies/financial-services/cba-the-most-expensive-bank-in-the-world-argo-boss-20210816-p58j35